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FX.co ★ US Natural Gas Stocks Rise Less Than Expected

US Natural Gas Stocks Rise Less Than Expected

US energy companies injected 16 billion cubic feet (bcf) of natural gas into storage in the week ending August 14, falling short of market expectations of a 19 bcf build. This compares with an injection of 19 bcf in the same week a year earlier and a five-year (2021–2025) average build of 29 bcf for that period. Total gas in storage rose to 3.169 trillion cubic feet, 0.9% below the level recorded in the same week last year but about 6.2% above the five-year average for the week. In the previous week, ended August 7, inventories increased by 36 bcf.

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